“How Much Should You Borrow for College?”, Rob Berger discusses how much an individual should borrow to attend college and which degrees are worth going into debt to earn.  Berger explains that, in general, a person should not borrow more than what he will earn in his first year working after graduation.  Berger also says that if a person if going to pursue a degree in a field that pays well, a student should attend the best school possible regardless of its cost.  If the student is going to pursue a career in a field such as social work that doesn’t pay as well, Berger suggests that the person should consider studying at a state school instead of a private institution.  He also suggest that completing some requirements at a community college before transferring to a better-known school can help prevent a person from taking on too much debt.

Posted at Dough Roller